Dallas Inc has gathered the following information: April 30, cash balance, $90,000 Accounts Payable, May 31 16,000 Accounts Receivable, May 31 32,000 Amortization expense in May, 9,000 Bad Debts Expense 2,500 Dividends declared in May, 24,000 Cash expenditures in May for operating expenses, 93,600 Cash collections in May, 178,000 Interest received in May, 2,000 Merchandise purchases paid in cash in May, 112,400 Purchased equipment for cash in May, 35,000 Dallas desires to keep a minimum cash balance of $15,000. Required: Prepare a cash budget for May in good format